Staged pricing solution for catalog, e-commerce and sales
quotations that depend on dynamic pricing
HOFFMAN
ESTATES, Ill., July 17,
2024 /PRNewswire/ -- Vistex, Inc. today announced
that its SAP Price Staging Hub is commercially available to
businesses using SAP® technology as an SAP Solution
Extension. SAP Price Staging Hub by Vistex is part of the company's
suite of innovative solution extensions for SAP software for SAP
S/4HANA® and SAP ERP Central Component (SAP ECC).
"This is another great example of
co-innovation between SAP and Vistex," said Darryl Gray, Global VP, SAP
For manufacturers, wholesale distributors and retailers, SAP
Price Staging Hub by Vistex provides rapid-response pricing data to
quotation solutions, e-commerce platforms as well as prepares price
catalogs for customers. A significant advantage of the hub is its
ability to shift the load of calculating and communicating pricing
to various systems from SAP S/4HANA and SAP ECC systems to an
independent cloud solution. The hub calculates pricing in advance
while keeping prices accurate, by monitoring changes in price
dependencies and quickly redetermining affected prices.
"Businesses which generate price catalogs, depend on an
e-commerce platform or experience high volumes of pricing queries
will see tremendous benefits in leveraging the power of SAP Price
Staging Hub by Vistex," said Amos
Biegun, CEO of Vistex. "The solution is designed to meet
high demand and performance requirements to provide accurate, up to
the minute pricing by continuously monitoring and refreshing price
data without overloading systems with unnecessary
recalculations."
For more streamlined price setting and price maintenance,
customers can leverage SAP Extended Price Management by Vistex or
SAP Data Maintenance by Vistex, Pricing option - which extend
S/4HANA and SAP ECC, allowing businesses to plan, analyze and set
pricing in SAP ERP systems with clear visibility to margins and
guidance on improving margins, volumes, and customer retention
through price optimization.
Vistex is an SAP partner offering multiple products that are
resold as SAP Solution Extensions, as part of the enterprise
management system. These solutions have undergone a premium
qualification process—exclusive to SAP Solution Extensions—and are
supported with available SAP support services. The SAP Price
Staging Hub by Vistex is branded, licensed, supported, and resold
by SAP as an SAP Solution Extension that is deployed on SAP
Business Technology Platform (SAP BTP).
"This is another great example of co-innovation between SAP and
Vistex to deliver innovative solutions that benefit our joint
customers," said Darryl Gray, Global
Vice President, Software Partner Management at SAP. "This solution
will help reduce our customers' system loads and TCO while enabling
better e-commerce and quotation experiences for their
customers."
About Vistex:
Vistex solutions help businesses take
control of their mission-critical processes. With a multitude of
programs covering pricing, trade, royalties and incentives, it can
be complicated to see where all the money is flowing, let alone how
much difference it makes to the topline and the bottomline. With
Vistex, business stakeholders can see the numbers, see what really
works, and see what to do next – so they can make sure every dollar
spent or earned is really driving growth, and not just additional
costs. The world's leading enterprises across a spectrum of
industries rely on Vistex every day to propel their businesses.
Visit www.vistex.com.
SAP and other SAP products and services mentioned herein as well
as their respective logos are trademarks or registered trademarks
of SAP SE in Germany and other
countries. Please see https://www.sap.com/copyright for
additional trademark information and notices. All other product and
service names mentioned are the trademarks of their respective
companies.
For more information, press only:
Alex Dehnert, Vistex, Inc., 847.490.0420,
alex.dehnert@vistex.com
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SOURCE Vistex, Inc.